Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…
Spotify is letting employees work from anywhere while paying SF and NY salaries
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Re: Spotify is letting employees work from anywhere while paying SF and NY salaries
#212Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…
I think you are overestimating suply of talented ppl. On my lvl there's 100 ppl per year in Poland. So it's 100 per 40M. Guess in other countries it's similar or less and here programming is quite popular.
Re: Spotify is letting employees work from anywhere while paying SF and NY salaries
#213Earlier quoted context omitted.
It's not that complicated. Build more housing and better transportation options. If particular kinds of businesses have a hard time thriving (like grocers), actually pay attention to what kills those businesses and fix it. It's often some sort of overboard regulation like zoning.
> It's not that complicated. On paper.
Montreal is probably the most livable "big" city in North America, and it's mostly because of three things:
1. Excellent transportation. The metro is for the most part consistent, extremely affordable (it's ~$85/month, and about half that for students and youth), safe, and works as a great mainline transport. Busses are also very frequent - most coming at most 15 minutes apart during regular hours, and usually every half hour or so past 1am. You can get almost anywhere in the city in an hour or less using public transit.
2. Renters are protected. The Regie Du Logement heavily favours renters in housing related disputes, and as such, the prices also favour renters. Most individuals pay $1000 or less in rent, for entirely adequate housing, and if they want to move, it's almost certainly an option.
3. Permissive zoning. With the exception of the downtown core, there are grocery stores and pharmacies everywhere. Combined with depanneurs (corner stores) being within 500m of just about any point in the city, you are never far from milk, eggs, bread, beer, wine, and other necessities. Combined with businesses themselves being able to set up shop nearly anywhere as well. Ground floor business with residential above is the norm for nearly all "main" streets.
Yes, there are difficult things for existing cities to recreate, but it is almost entirely due to poor urban planning choices being made by the municipal (or state/provincial) powers that be.
Re: Spotify is letting employees work from anywhere while paying SF and NY salaries
#214Earlier quoted context omitted.
There is a type of chain that is "I'm seeking to FIRE in 10 years and if I quit this job, I can't do that." It doesn't have to be yachts, jets, or nose candy causing the pressure. [0] - FIRE - https://en.wikipedia.org/wiki/FIRE_movement
I still don't see how your position is any worse when Spotify is paying you more.
In the other case, Spotify is dumping cash on me by the bucketload, we drive new cars, live in an amazing house, I regularly take amazing vacations with my family, kids go to private schools, and I still plan to FIRE in 10 years and be able to maintain that lifestyle. 3 years in, I realize that I'm miserable and the thought of grinding out 7 more years of this is difficult to bear, but I can't bear asking my family to curtail their standard of living to accommodate my unwillingness to keep bearing the burden of the daily grind.
Am I as a person happier in scenario 1 or scenario 2? There's no question that you're richer in scenario 2, but life isn't all about money.
Re: Spotify is letting employees work from anywhere while paying SF and NY salaries
#215Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…
The thing about London and the UK generally is the real money was historically in contracting. I reckon I was hitting the 6x. The perm market here has always been silly.
IR35 made contracting complicated but even before that I’ve never seen anything that gets you to SV levels of total comp.
Re: Spotify is letting employees work from anywhere while paying SF and NY salaries
#216Earlier quoted context omitted.
Per capita, rural and suburban are much less efficient and more costly. Infrastructure is orders of magnitude more expensive and resource demanding to build as distances spread. Water, sewer, electricity, internet, roads, etc. That’s without even looking at the supplies and movement of people. Sure, if you can afford to build yourself a self sufficient off grid home, you may perceive it as more efficient in day to da…
Walnut creek (suburban city near San Francisco) budget is about $1500 per resident, Contra Costa county, which contains Walnut Creek, spends about $3500 per resident. San Francisco is like $14000 per resident.
As one example, muni costs money and sf pays more for BART than WC does. These are still cheaper and more environmentally efficient than everyone owning cars.
Re: Spotify is letting employees work from anywhere while paying SF and NY salaries
#217Earlier quoted context omitted.
That is true, it might be the end of the sustainability of overpopulated cities ...
Funny because cities are more efficient from an energy and carbon footprint perspective. The only thing that makes it unsustainable is that some cities haven't figured out how to make it so everyone who should abbe able to live there can afford it
Barcelona comes close. Perhaps not so much these days, but its a city that was really built with that in mind. And some of that persists.
Re: Spotify is letting employees work from anywhere while paying SF and NY salaries
#218Make hay while the sun shines. A true shift to remote work, should it happen, spells the eventual end of insanely high SF FANMAG salaries. Market forces will soon close these opportunities. My limited experience tells me people aren't prepared for homogenization of salaries across geographies: South East England, outside London: 1x London: 2x New York: 3x San Francisco: 6x On making hay: A friend of mine is currently…
I think you are overestimating suply of talented ppl. On my lvl there's 100 ppl per year in Poland. So it's 100 per 40M. Guess in other countries it's similar or less and here programming is quite popular.
How do you figure that?
Re: Spotify is letting employees work from anywhere while paying SF and NY salaries
#219Earlier quoted context omitted.
The thing about London and the UK generally is the real money was historically in contracting. I reckon I was hitting the 6x. The perm market here has always been silly.
How much were you hitting? I haven’t seen contracts that go that high, I’m on 140K base + car allowance now (8K), in total I make around 220-215K cash w/ bonuses. employer pension is about another 20K or so a year. IR35 made contracting complicated but even before that I’ve never seen anything that gets you to SV levels of total comp.
Re: Spotify is letting employees work from anywhere while paying SF and NY salaries
#220Earlier quoted context omitted.
Walnut creek (suburban city near San Francisco) budget is about $1500 per resident, Contra Costa county, which contains Walnut Creek, spends about $3500 per resident. San Francisco is like $14000 per resident.
We're not talking about taxes, but environmental cost. San Francisco provides a bunch of (human) services walnut creek does not. As one example, muni costs money and sf pays more for BART than WC does. These are still cheaper and more environmentally efficient than everyone owning cars.